People living here belong mostly to middle class to lower middle class. It is also known for its whole-sale markets of sports good and stationery. The area's pivotal place is IsmailiJama'at Khana, which is one of the largest in Pakistan. There are two colonies commonly known as New Karimabad and Old Karimabad. It is well-known for its Meena Bazar and United Sweets Bakers & Nimco. There are various other markets including, Bazar-e-Faisal, Al-Najeebi and Memon Market.
Karimabad is also a well known place because of the bridge. Karimabad is also adjacent to Musa Colony, famous for Fish Market.